IMMOFINANZ AG
IMMOFINANZ AG: IMMOFINANZ closes successful sale of four office buildings in Warsaw
DGAP-News: IMMOFINANZ AG
/ Key word(s): Real Estate/Disposal
IMMOFINANZ closes successful sale of four office buildings in Warsaw IMMOFINANZ, in line with its strategy, has sold four office buildings in Warsaw to the Indotek Group, a leading Hungarian real estate firm. The buildings have total rental space of approximately 45,300 sqm. The sales price amounts to EUR 72.5 million and the transaction closed today. “Following the acquisition of our Warsaw Spire myhive landmark, the process of focusing our Warsaw standing investment office portfolio on our innovative myhive office brand is at an advanced stage. The transaction with the Indotek Group was signed before the outbreak of the Covid-19 pandemic – we are pleased to have now successfully finalised the sale”, stated Dietmar Reindl, COO of IMMOFINANZ. The office properties sold are located in the Warsaw districts of Mokotow, Ochota as well as Włochy and had an average occupancy rate of 80% at the end of December 2020. Throughout the process IMMOFINANZ was represented by Penteris Law Firm in Warsaw, the buyer by Greenberg Traurig. On IMMOFINANZ About Indotek Group IMMOFINANZ 1100 Vienna, Wienerbergstraße 9, Austria www.immofinanz.com
08.04.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | IMMOFINANZ AG |
Wienerbergstraße 9 | |
1100 Vienna | |
Austria | |
Phone: | +43 (0) 1 88090 – 2290 |
Fax: | +43 (0) 1 88090 – 8290 |
E-mail: | investor@immofinanz.com |
Internet: | http://www.immofinanz.com |
ISIN: | AT0000A21KS2 |
WKN: | A2JN9W |
Listed: | Regulated Unofficial Market in Berlin, Frankfurt, Munich, Stuttgart; Warschau, Vienna Stock Exchange (Official Market) |
EQS News ID: | 1182615 |
End of News | DGAP News Service |